X0202 SCHEDULE 13G/A 0001178913-24-000533 0001351917 XXXXXXXX LIVE 9 American Depositary Shares, each representing one Ordinary Share, NIS 1 par value 06/30/2026 0001045986 FORMULA SYSTEMS (1985) LTD 346414105 Terminal Center, 1 Yahadut Canada Street Or Yehuda L3 6037501 Rule 13d-1(c) MENORA MIVTACHIM HOLDINGS LTD. L3 0.00 1359061.00 0.00 1359061.00 1359061.00 N 8.86 CO With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a). Row (11) is Based on 15,334,667 Ordinary Shares outstanding as of July 19, 2026 (as reported on Bloomberg LP). Menora Mivtachim Pensions & Gemel Ltd. L3 0.00 1203241.00 0.00 1203241.00 1203241.00 N 7.85 CO With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a). Row (11) is Based on 15,334,667 Ordinary Shares outstanding as of July 19, 2026 (as reported on Bloomberg LP). FORMULA SYSTEMS (1985) LTD Terminal Center, 1 Yahadut Canada Street, Or Yehuda, 6037501 Menora Mivtachim Holdings Ltd. Menora Mivtachim Pensions and Gemel Ltd. Menora Mivtachim Holdings Ltd. - Menora House, 23 Jabotinsky St., Ramat Gan 5251102, Israel Menora Mivtachim Pensions and Gemel Ltd. - 23 Jabotinsky St., Ramat Gan 5251102, Israel Menora Mivtachim Holdings Ltd. - Israel Menora Mivtachim Pensions and Gemel Ltd. - Israel Y See row 9 of cover page of each reporting person. As of June 30, 2026, the securities reported herein were held as follows: 1,203,241 ordinary shares (representing 7.85% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Pensions and Gemel Ltd.; 145,511 ordinary shares (representing 0.95%% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Insurance Ltd.; 1,829 ordinary shares (representing 0.01% of the total ordinary shares outstanding) beneficially owned by Shomera Insurance Company Ltd; 8,480 ordinary shares (representing 0.06% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd.. The securities reported herein are beneficially owned by Menora Mivtachim Holdings Ltd. ("Menora Holdings") and by entities that are direct or indirect, wholly-owned or majority-owned, subsidiaries of Menora Holdings (the "Subsidiaries"), such as Menora Mivtachim Insurance Ltd., Shomera Insurance Company Ltd., Menora Mivtachim Pensions and Gemel Ltd., Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd., and Menora Mivtachim Investment Portfolio Management Ltd. The economic interest or beneficial ownership in a portion of the securities covered by this report (including the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities) is held for the benefit of insurance policy holders, the owners of portfolio accounts, or the members of the provident funds or pension funds, as the case may be. This statement on Schedule 13G shall not be construed as an admission by Menora Holdings or by any of the Subsidiaries that it is the beneficial owner of any of such securities covered by this statement on Schedule 13G, and each of Menora Holdings and the Subsidiaries disclaims beneficial ownership of any such securities except to the extent of its pecuniary interest therein. See row 11 of cover page of each reporting person See row 5 of cover page of each reporting person See row 6 of cover page of each reporting person and note in Item 4(a) above See row 7 of cover page of each reporting person See row 8 of cover page of each reporting person and note in Item 4(a) above Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Exhibit 1 - Joint Filing Agreement by and among the Reporting Persons, dated as of February 14, 2018, (incorporated herein by reference to Exhibit 1 to the Schedule 13G filed on February 14, 2018). MENORA MIVTACHIM HOLDINGS LTD. /s/ Lior Yochpaz 08/04/2026 /s/ Omri Gal 08/04/2026 Menora Mivtachim Pensions & Gemel Ltd. /s/ Omri Gal 08/04/2026 /s/ Lior Yochpaz 08/04/2026